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Last Updated: 2024.04.25

CLARIFICATION ANNOUNCEMENT

FAST RETAILING CO., LTD.
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.


FAST RETAILING CO., LTD.
迅銷有限公司
(Incorporated in Japan with limited liability)
(Stock code: 6288)

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement of Fast Retailing Co., Ltd. (the "Company") dated April 11, 2024 in relation to the interim dividend for the six months ended 29 February 2024 (the "Announcement"). Unless otherwise stated, terms used in this clarification announcement shall have the same meanings as those defined in the Announcement.

The Company would like to clarify that there are five inadvertent typographical errors contain in the Announcement as summarized below:

Before correctionAfter correction

2nd paragraph

The Company is pleased to announce that the board of directors of the Company today approved the payment of the interim dividend for the six months ended February 29, 2024 to its shareholders amounting to JPY 125 per common share (JPY 1.25 per Hong Kong Depositary Receipt ("HDR")).

The Company is pleased to announce that the board of directors of the Company today approved the payment of the interim dividend for the six months ended February 29, 2024 to its shareholders amounting to JPY 175 per common share (JPY 1.75 per Hong Kong Depositary Receipt ("HDR")).

5nd paragraph

Based on the Japanese Yen / Hong Kong dollars exchange rate of 0.051 as of April 11, 2024, the estimated Hong Kong dollar amount of the proposed interim dividend is approximately HK$ 0.0638 per HDR. The final amount of the interim dividend in Hong Kong dollars will be determined on May 13, 2024. Where applicable, fees, charges and / or taxes may be deducted by the HDR Depositary from the dividends payable to holders of HDRs, details of which will be announced in due course and are expected to include:

(1) a withholding income tax of 15.315% *; and
(2) An estimated dividend fee of HK$ 0.012,

resulting in an estimated net interim dividend of HK$ 0.042 per HDR.

Based on the Japanese Yen / Hong Kong dollars exchange rate of 0.051 as of April 11, 2024, the estimated Hong Kong dollar amount of the proposed interim dividend is approximately HK$ 0.0893 per HDR. The final amount of the interim dividend in Hong Kong dollars will be determined on May 13, 2024. Where applicable, fees, charges and / or taxes may be deducted by the HDR Depositary from the dividends payable to holders of HDRs, details of which will be announced in due course and are expected to include:

(1) a withholding income tax of 15.315% *; and
(2) An estimated dividend fee of HK$ 0.017,

resulting in an estimated net interim dividend of HK$ 0.0586 per HDR.

The above-mentioned clarification does not affect any other information contained in the Announcement and, save as disclosed above, all other information in the Announcement shall remain unchanged.

By order of the Board
Fast Retailing Co., Ltd.
Shea Yee Man
Company Secretary

Japan, April 24, 2024

As at the date of this announcement, the Executive Directors are Tadashi Yanai, Takeshi Okazaki, Kazumi Yanai and Koji Yanai and our independent non-executive directors are Nobumichi Hattori, Masaaki Shintaku, Naotake Ono, Kathy Mitsuko Koll (aka Kathy Matsui), Joji Kurumado and Yutaka Kyoya.

 

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